Brooklyn Heights Apartment Reports Rapid Leasing
- Nov 27, 2013
New York—In another example of the strong demand for new apartments in New York City, 184 Joralemon, which began leasing only this summer, is now more than half leased, according to Ideal Properties Group, with rents ranging from $4,260 to $5,600 per month. The property is in the well-to-do Brooklyn Heights district of Brooklyn.
The building itself is not new. Originally developed in 1911, the landmarked structure exhibits a range of architectural details typical of the period’s beaux arts style. United American Land acquired the building from Brooklyn Law School in 2011 for about $10.7 million and renovated into a multifamily rental property with 24 units.
Earlier plans by a different developer to take the building condo fell through. For the three decades or so before its conversion into apartments, 184 Joralemon was a dormitory for the law school. Before that, it was an office building.
DiGuiseppe Architect did the renovation design. The building’s two-bedroom residences feature loft-like spaces and high-end appliances, such as Bertazzoni stoves, Viking microwaves and Liebherr refrigerators, as well as wide-plank hardwood flooring. The building is near the historic Brooklyn Heights Promenade, with panoramic views of the East River and Manhattan from the upper floors.
Ideal Properties is the leasing agent for 184 Joralemon. The company is no stranger to Brooklyn Heights, where it also has leased 161 Columbia Heights and 50 Orange Street, both of which were former Jehovah’s Witness buildings.